SHA:601106 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	3,736	5,701	2,858	2,261	1,380	1,685
Cash & Short-Term Investments	3,736	5,701	2,858	2,261	1,380	1,685
Cash Growth	39.48%	99.45%	26.44%	63.84%	-18.14%	-31.20%
Accounts Receivable	10,799	9,753	10,097	13,222	17,372	13,786
Other Receivables	889.33	879.53	15.73	13.37	18.86	412.01
Receivables	11,688	10,633	10,114	13,239	17,395	14,249
Inventory	7,757	7,849	8,131	7,862	5,762	3,637
Other Current Assets	589.35	774.71	2,239	2,404	2,750	4,983
Total Current Assets	23,771	24,957	23,343	25,765	27,287	24,555
Property, Plant & Equipment	7,575	7,635	9,739	7,483	7,185	7,296
Long-Term Investments	3,181	3,174	3,231	3,779	3,869	3,367
Other Intangible Assets	1,959	1,997	1,999	1,994	1,940	1,523
Long-Term Accounts Receivable	-	-	859.51	92.54	306.88	663.57
Long-Term Deferred Tax Assets	166.91	166.91	198.81	187.36	200.8	142.77
Long-Term Deferred Charges	332.33	276.55	443.69	435.15	322.86	576.25
Other Long-Term Assets	1,090	887.71	161.08	257.73	151	168.3
Total Assets	38,074	39,094	39,974	39,995	41,262	38,292
Accounts Payable	6,367	6,143	8,583	7,503	9,322	7,220
Accrued Expenses	313.99	360	446.17	443.77	658.99	591.5
Short-Term Debt	5,854	6,799	5,060	4,247	5,526	5,188
Current Portion of Long-Term Debt	4,411	6,104	6,155	4,193	3,801	1,600
Current Portion of Leases	-	-	49.14	85.16	73.78	31.69
Current Income Taxes Payable	152.67	196.85	16.07	26.01	59.27	27.73
Current Unearned Revenue	1,667	2,188	1,931	1,407	464.76	751.47
Other Current Liabilities	1,897	1,430	1,322	1,152	779.63	4,030
Total Current Liabilities	20,663	23,221	23,564	19,056	20,685	19,441
Long-Term Debt	9,748	8,270	9,611	10,847	7,831	6,622
Long-Term Leases	142.96	106.86	158.01	192.19	151.75	30.7
Long-Term Unearned Revenue	451.36	445.12	453.42	352.64	396.11	323.91
Pension & Post-Retirement Benefits	-	-	233.74	255.89	244.94	261.48
Long-Term Deferred Tax Liabilities	13.02	13.03	11.16	-	0	-
Other Long-Term Liabilities	602.48	604.7	229.19	147.61	85.88	71.03
Total Liabilities	31,621	32,660	34,260	30,851	29,395	26,750
Common Stock	6,858	6,858	6,858	6,858	6,858	6,858
Additional Paid-In Capital	9,788	9,788	9,618	9,618	9,618	9,618
Retained Earnings	-11,846	-11,848	-11,537	-7,801	-5,093	-5,198
Comprehensive Income & Other	365.26	362.84	410.97	333.64	334.37	163.8
Total Common Equity	5,165	5,161	5,350	9,009	11,717	11,442
Minority Interest	1,288	1,273	363.5	134.7	149.93	99.8
Shareholders' Equity	6,453	6,434	5,714	9,143	11,867	11,542
Total Liabilities & Equity	38,074	39,094	39,974	39,995	41,262	38,292
Total Debt	20,156	21,279	21,034	19,564	17,384	13,473
Net Cash (Debt)	-16,420	-15,579	-18,176	-17,303	-16,004	-11,787
Net Cash Per Share	-2.43	-2.27	-2.63	-2.49	-2.33	-1.72
Filing Date Shares Outstanding	6,472	6,900	6,858	6,858	6,858	6,858
Total Common Shares Outstanding	6,472	6,900	6,858	6,858	6,858	6,858
Working Capital	3,108	1,736	-221.31	6,709	6,602	5,114
Book Value Per Share	0.80	0.75	0.78	1.31	1.71	1.67
Tangible Book Value	3,207	3,164	3,351	7,014	9,777	9,919
Tangible Book Value Per Share	0.50	0.46	0.49	1.02	1.43	1.45
Buildings	-	-	5,437	5,042	4,918	4,891
Machinery	-	-	9,783	8,276	7,938	7,432
Construction In Progress	-	-	1,681	733.65	445.33	817.12

Source: S&P Global Market Intelligence. Standard template. Financial Sources.